Advantage Alpha Capital Partners LP Has $4.23 Million Stake in MSA Safety Incorporated (NYSE:MSA)

Advantage Alpha Capital Partners LP lowered its position in shares of MSA Safety Incorporated (NYSE:MSA - Free Report) by 23.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,497 shares of the industrial products company's stock after selling 7,994 shares during the quarter. Advantage Alpha Capital Partners LP owned approximately 0.06% of MSA Safety worth $4,227,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in shares of MSA Safety by 3.4% during the third quarter. Thrivent Financial for Lutherans now owns 9,245 shares of the industrial products company's stock worth $1,640,000 after buying an additional 300 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in MSA Safety during the 3rd quarter valued at $260,000. Charles Schwab Investment Management Inc. raised its position in MSA Safety by 6.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 418,237 shares of the industrial products company's stock valued at $74,170,000 after purchasing an additional 26,835 shares during the last quarter. Great Valley Advisor Group Inc. boosted its stake in MSA Safety by 67.6% in the third quarter. Great Valley Advisor Group Inc. now owns 23,385 shares of the industrial products company's stock worth $4,147,000 after purchasing an additional 9,433 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of MSA Safety by 5.7% during the third quarter. Cerity Partners LLC now owns 7,792 shares of the industrial products company's stock worth $1,382,000 after purchasing an additional 420 shares during the last quarter. 92.51% of the stock is owned by institutional investors.

Remove Ads

Insider Transactions at MSA Safety

In other MSA Safety news, CAO Jonathan D. Buck sold 717 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $159.00, for a total transaction of $114,003.00. Following the completion of the sale, the chief accounting officer now directly owns 3,673 shares in the company, valued at $584,007. This represents a 16.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.20% of the stock is currently owned by insiders.

MSA Safety Price Performance

Shares of MSA stock traded down $3.83 during trading on Friday, hitting $148.07. The company had a trading volume of 176,583 shares, compared to its average volume of 164,419. The stock's 50-day moving average price is $159.17 and its 200 day moving average price is $167.06. MSA Safety Incorporated has a one year low of $147.77 and a one year high of $200.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.79. The firm has a market capitalization of $5.81 billion, a P/E ratio of 20.54 and a beta of 0.99.

MSA Safety (NYSE:MSA - Get Free Report) last released its earnings results on Wednesday, February 12th. The industrial products company reported $2.25 earnings per share for the quarter, beating analysts' consensus estimates of $2.23 by $0.02. MSA Safety had a return on equity of 28.64% and a net margin of 15.76%. Equities analysts expect that MSA Safety Incorporated will post 8.06 EPS for the current fiscal year.

MSA Safety Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, February 14th. MSA Safety's payout ratio is presently 28.29%.

Analyst Upgrades and Downgrades

MSA has been the subject of a number of research analyst reports. Robert W. Baird cut their price target on MSA Safety from $190.00 to $175.00 and set a "neutral" rating for the company in a report on Tuesday, February 18th. Jefferies Financial Group assumed coverage on shares of MSA Safety in a research report on Thursday, December 12th. They set a "hold" rating and a $200.00 target price on the stock. Finally, DA Davidson assumed coverage on shares of MSA Safety in a report on Thursday, December 19th. They issued a "buy" rating and a $195.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $197.00.

MSA Safety Company Profile

MSA Safety Incorporated develops, manufactures, and supplies safety products and technology solutions that protect people and facility infrastructures in the fire service, energy, utility, construction, and industrial manufacturing applications, as well as heating, ventilation, air conditioning, and refrigeration industries worldwide.